Home / Recent News / Xiaomi India Launches Smartphone Exchange Programme: Here's How It Works
Xiaomi India Launches Smartphone Exchange Programme: Here's How It Works

Xiaomi India Launches Smartphone Exchange Programme: Here's How It Works

This Xiaomi initiative is the company’s latest switch to boost offline product sales

Xiaomi on Tuesday launched Mi Exchange programme in India as part of its efforts to boost house presence and enhance its present product sales. The Chinese agency has partnered with New Delhi-based Cashify to let Indian prospects alternate their present handsets with new Xiaomi smartphones. The new enchancment emerges days after an IDC report claimed that the Chinese mannequin had joined Samsung as the best smartphone vendor throughout the nation throughout the third quarter this 12 months. Xiaomi has been specializing within the offline channels of late to broaden its product sales, and has launched new merchandise to take care of its portfolio latest.

Under the Mi Exchange programme, prospects wish to go to a Mi Home retailer shut by their location to buy a model new Xiaomi smartphone in return of their outdated phone. The Cashify crew will resolve the value of the dated model after which counsel an appropriate amount that may most likely be discounted for the model new Xiaomi offering. The resale value of the handset in alternate will most likely be based totally on the Cashify app. This means that you’d have the ability to get a preview of the amount you’d acquire on the alternate of your handset by heading over to the Cashify site.

Customers exchanging their outdated telephones for a model new Xiaomi smartphone might go for a pickup service from Cashify via which their dated handsets will most likely be picked up correct from their phone location. In this case, the patrons will most likely be required to pay your entire amount for his or her new purchase on the Mi Home retailer and Cashify pays them for his or her outdated fashions at a later stage.

“In collaboration with Cashify, we have introduced a new programme – Mi Exchange which lets you exchange your old smartphone for a new Xiaomi smartphone. What you need to do is simply bring your old smartphone to a nearest Mi Home,” Xiaomi talked about whereas asserting the model new enchancment via its neighborhood boards.

It is worth noting proper right here that the resale value of the outdated phone will most likely be evaluated by the Cashify crew on the premise of its state of affairs and market value. Also, solely one gadget could also be exchanged with an on the market Xiaomi smartphone at Mi Home, and the unit being exchanged have to be listed in Cashify portfolio.

Debuted in India once more in July 2015, Xiaomi already has a robust presence obtainable out there. While the fairly priced handsets are the vital factor to the success of the Beijing-headquartered agency, its progress via on-line and offline channels has moreover helped in taking on the rivals. The agency established as many as 13 Mi Home retailers all through the nation in merely seven months following the debut of its first brick-and-mortar retailer in Bengaluru in May. Earlier on Tuesday, Xiaomi launched the establishment of its third Indian facility that is significantly designed to manufacture vitality banks regionally. The agency partnered with Shenzhen-based HiPad Technology and launched the two Mi Power Bank 2i as the first creation of the model new manufacturing unit.


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